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Market Overview of Global Automotive Brake Rotors market:
According to our latest research, the global Automotive Brake Rotors market looks promising in the next 5 years. As of 2022, the global Automotive Brake Rotors market was estimated at USD 5564.09 million, and it's anticipated to reach USD 7729.72 million in 2028, with a CAGR of 5.63% during the forecast years.
Automotive brake rotors are flat, round piece of metal, onto which brake pads are mounted on to stop the vehicle. The automotive brake rotors form a vital part of the vehicle's braking system and are also known as discs in the automotive terms. The Rotor is the brake disk that attaches to the wheel of the car. In a disc brake system, the brake pad is pressed against the rotor with a set of calipers. The friction it causes enables the car to slow down and stop.
Asia Pacific has become an important strategic market
With the development and growth of the Asia-Pacific economy and population, the market has great potential, and the demand for vehicles in emerging markets such as China and India is increasing. At the same time, ASEAN, as an important automobile manufacturing center, has an increasing demand for related parts. With the increasingly fierce competition in the vehicle parts market, expanding market share is an important way of competition. The labor cost and market demand potential in the Asia-Pacific have attracted the attention of manufacturers.
Circulation of fake and inferior products
Due to cost issues, the industry has a number of low-priced and inferior products whose quality does not meet the requirements. Some products are not up to the coefficient of friction and cannot meet the needs of heavy trucks at all. However, due to price reasons, inferior brake rotors are still very popular. Inferior brake rotors, due to their poor high temperature resistance, are likely to have braking force decline or even brake failure when the entire vehicle is braked in an emergency. In some extreme cases, the possibility of brake discs may break. This will seriously affect the lives and health of the members of the car, and at the same time will have a bad impact on the corporate ecology. Low prices will undermine market research and development confidence and easily undermine consumers' trust and loyalty to products.
Region Overview:
In global comparison, a significant portion of the revenue was generated in China (36.1% in 2021).
Company Overview:
Brembo is one of the major players operating in the Automotive Brake Rotors market, holding a share of 16.7% in 2021.
Brembo
Brembo is the world leader and acknowledged innovator of disc brake technology for automotive vehicles. Brembo supplies high performance brake systems for the most important manufacturers of cars, commercial vehicles and motorbikes worldwide, as well as clutches, seats, seat belts and other components for racing.
Winhere
Winhere Auto-Part Manufacturing Co., Ltd. was founded in 1996. Since its inception, Winhere has gone through a rapid development and is now the leading brake manufacturer in China.
Winhere offers a full range of brake rotors and drums with more than 99% coverage of cars, SUVs, light/medium duty trucks on the road. Winhere offers a variety of rotors and drums including high carbon, coated, painted, standard, composite and drilled/slotted. Winhere also has the capability to manufacture and distribute heavy duty truck and high-performance rotors.
Segmentation Overview:
The Drilled Rotor segment by type showed a value growth of 6.06% in 2021.
Smooth Rotor
Smooth brake rotors have a smooth or plain surface, with no holes or markings in the metal. Smooth / Blank rotors have the most surface area and are highly effective as a heat-sink. They are least prone to cracking. Smooth rotors are recommended for most vehicles that are not used for extreme or repetitive braking.
Slotted Rotor
Slotted rotors have slots, which look like lines in the metal. The slots are designed to draw more air in between the pad and rotor surface, which improves cooling and heat dispersion. They're also designed to help remove excess brake debris and pad glaze that can occur at higher temperatures. Slotted rotors work very well for heavy trucks, SUVs, off road vehicles, tow trucks, and competition cars. It is particularly important to choose high quality brake rotors when picking a slotted style. If the brake rotors are not properly machined, from the inner to the outer edges, they can crack sooner than they otherwise would or should.
Drilled Rotor
Drilled brake rotors are easy to recognize because they have a series of holes drilled into the metal. One way to improve braking performance on your car is to get drilled brake discs. This type of brake disc has holes drilled into key areas of its surface, which allow heat and gases to escape. A drilled brake disc also dissipates gases and heat directly to the interior cooling vanes, thus lowering the temperature of the braking surface much quicker. They perform well in rainy climates by offering a good "wet bite," hold up well over the life of the rotors, and deliver more friction and more bite than their slotted counterparts. The bite is better with these brake rotors because the drilled holes give the water a place to escape, thus drying off the braking system components when water is present. Less water means a better bite and improved brake rotor performance. A drilled disc is not as structurally strong as a plain disc as the holes can become critical stress points after repetitive extreme braking cycles. However, they are built strong enough for use on the road.
Application Overview:
By application, the Passenger Vehicles segment occupied the biggest share from 2017 to 2022.
Passenger Vehicles
Passenger vehicles are cars that are mainly used to carry passengers and their carry-on luggage or temporary items in terms of their design and technical characteristics, with no more than 9 seats including the driver's seat. Automotive Brake Rotors can be used in passenger vehicles' brakes systems.
Commercial Vehicles
A commercial vehicle is any type of motor vehicle used for transporting goods or paying passengers. Commercial vehicle is a car used for transporting people and goods in terms of design and technical features. Commercial vehicles include all trucks and passenger cars with more than 9 seats.
MD Trucks
Trucks with a GVWR rating of 14,001 to 26,000 pounds are classed as 4 through 6, and thus fall under Medium Duty.
HD Trucks
Heavy Duty trucks are those that fall under class 7 and 8 on the GVWR scale. This means that their weight falls in the range of 26,001 to 33,000 and beyond.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Automotive Brake Rotors market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Automotive Brake Rotors Market Report:
Market Size Estimates: Automotive Brake Rotors market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Automotive Brake Rotors market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Automotive Brake Rotors market
Segment Market Analysis: Automotive Brake Rotors market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Automotive Brake Rotors market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Automotive Brake Rotors Market: Revenue and sales volume of major countries in each region
Automotive Brake Rotors Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Automotive Brake Rotors market in major regions.
Automotive Brake Rotors Industry Value Chain: Automotive Brake Rotors market raw materials & suppliers, manufacturing process, distributors, downstream customers
Automotive Brake Rotors Industry News, Policies & Regulations
Key players in the global Automotive Brake Rotors market are covered in Chapter 12:
Brembo
DRiV Incorporated
ZF
KIRIU
Longji Group
HAIMENG (BPI)
Aisin Seiki
Fonderia di Torbole
Winhere
LPR
Bosch
EBC Brakes
Accuride Gunite
Textar
ACDelco
Continental
In Chapter 2 and Chapter 15.1, based on types, the Automotive Brake Rotors market from 2018 to 2028 is primarily split into:
Smooth Rotor
Slotted Rotor
Drilled Rotor
In Chapter 3 and Chapter 15.2, based on applications, the Automotive Brake Rotors market from 2018 to 2028 covers:
Passenger Vehicles
Commercial Vehicles
MD Trucks
HD Trucks
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Automotive Brake Rotors market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028